N.Y. Federal Judge Confirms Arbitration Awards in Quota Share Reinsurance Dispute



DOCUMENTS
  • Memorandum
  • Petition
  • Proposed Order


NEW YORK — A New York federal judge has confirmed arbitration awards issued in a reinsurance dispute between National Union Fire Insurance Company of Pittsburgh and TIG Insurance Co., which involved commercial liability and workers’ compensation losses.

On May 31, Judge P. Kevin Castel of the U.S. District Court for the Southern District of New York signed a proposed order and judgment, confirming an Oct. 16, 2020, interim award, and a Feb. 11 final award.

TIG issued National Union an Excess Casualty Variable Quota Share Reinsurance Agreement, which reinsured National Union’s liability under certain commercial liability and workers’ compensation excess …

FIRM NAMES
  • Crowell & Moring
  • Simpson Thacher & Bartlett LLP





UPCOMING CONFERENCES




HarrisMartin’s MDL Conference: Navigating the Landmines

December 01, 2021 - None, TX
Hotel Information To Be Announced

MORE DETAILS



HarrisMartin's Midwest Asbestos Litigation Conference

September 21, 2021 - St. Louis, MO
Four Seasons Hotel, St. Louis

MORE DETAILS